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This Chase Ink Cash card is my favorite card out of ALL the Chase cards. I get 5X on Amazon, and many other retailers! And gas is 2X too and no annual fee. Ink preferred is only good for the initial bonus, it's not good for collecting points after that so you'd probably cancel when the AF hits for the 2nd year.

You can only apply (and receive bonuses for) five Chase cards within a 24 month period. So keep that in mind when/if you start churning through Chase cards. The Sapphire Reserve and Business Ink are the two juiciest (IMVHO).

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03-23-2018
at
03:28 PM#51

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from wasabi_fu
:

What is 5/24 rule? Thanks in advance.

Quote
from cmrp5f
:

You can only apply (and receive bonuses for) five Chase cards within a 24 month period. So keep that in mind when/if you start churning through Chase cards. The Sapphire Reserve and Business Ink are the two juiciest (IMVHO).

It's all cards, not just Chase. You can't have 5 credit cards in 24 months.

Chase specific is that you cannot apply and receive bonus for any same card every 24 months.

EDIT: The "Chase 5/24" rule, as it is commonly called in the miles and points community, refers to the reality that even a perfect credit score isn't enough to get you approved for many Chase rewards cards. If you have opened five or more new credit card accounts in the past 24 months, you won't be approved for a new Chase card.

Note that this doesn't just refer to the number of Chase accounts you opened in the past two years, but rather the total of all new credit cards you have opened across all banks.

You can only apply (and receive bonuses for) five Chase cards within a 24 month period. So keep that in mind when/if you start churning through Chase cards. The Sapphire Reserve and Business Ink are the two juiciest (IMVHO).

Are you differentiating "Business Ink" and (this) "Ink Business Cash"? In other words, they are not the same, right? I appreciate informed opinions, so thanks in advance.

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